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Answer to Question #184561 in Macroeconomics for Imisi

Question #184561

If kaci finds $1,000 under her bed and deposits in a bank, what is the immediate change in the bank’s excess reserves?


1
Expert's answer
2021-04-26T19:33:11-0400

Since excess reserves are funds that a bank keeps back beyond what is required by regulation, the banks excess reserves will increase



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